UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): January 23, 2007
PARAGON TECHNOLOGIES, INC.
(Exact Name of Issuer as Specified in Charter)
DELAWARE 1-15729 22-1643428
(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer
Incorporation or Organization) Identification Number)
600 KUEBLER ROAD, EASTON, PENNSYLVANIA 18040
(Address of Principal Executive Offices)
(610) 252-3205
(Registrant's Telephone Number, Including Area Code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act
This Current Report on Form 8-K is filed by Paragon Technologies, Inc.,
a Delaware corporation ("Paragon" or the "Company"), in connection with the
matters described herein.
Item 5.02. Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers
On January 23, 2007, the Board of Directors (the "Board") of the Company,
upon the recommendation of the Board's Nominating Committee, unanimously elected
Mr. Robert Blyskal and Mr. Samuel L. Torrence as directors of the Company,
effective February 1, 2007. Messrs. Blyskal and Torrence will serve as directors
of the Company until the 2007 Annual Meeting of Stockholders of the Company or
until their successors have been elected and qualified. The Board has determined
that Messrs. Blyskal and Torrence meet the independence requirements of the
American Stock Exchange. The Board has not yet determined the committees of the
Board on which Messrs. Blyskal and Torrence will serve. Messrs. Blyskal and
Torrence do not have any relationship with the Company that would require
disclosure pursuant to Item 404(a) of the Securities and Exchange Commission
Regulation S-K. Neither Mr. Blyskal nor Mr. Torrence has a direct or indirect
material interest in any existing or currently proposed transaction to which the
Company is or may become a party.
Robert Blyskal
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Mr. Blyskal is a private investor and has recently retired as President and
Chief Operating Officer of GSI Commerce, Inc., a position he held since 2004.
From 2003 to 2004, Mr. Blyskal was a consultant to NeighborCare Pharmacies Inc.,
and from 1993 to 2003, Mr. Blyskal held several executive-level positions at
Medco Health Solutions, Inc., including Executive Vice President of Operations
and Technology, Senior Vice President of Pharmacy Operations, and Vice President
and General Manager. From 1991 to 1993, Mr. Blyskal was Senior Vice President &
General Manager of Purolator Courier Ltd, Canada and from 1980 to 1991, Mr.
Blyskal held several senior management positions with Federal Express including
Managing Director, Regional Manager, and District Engineering Manager. Mr.
Blyskal is a graduate of Fairleigh Dickinson University with a BS in Industrial
Engineering.
Samuel L. Torrence
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Samuel L. Torrence currently serves as the President and Chief Operating Officer
of Just Born, Inc. Prior to his current position, Mr. Torrence held several
executive-level positions at Mack Trucks, Inc., including Executive Vice
President of Human Resources and Administration, Executive Vice President of
Administration & Parts Operations, Senior Vice President of Total Quality
Management, and Vice President of Human Resources and Total Quality Management.
In addition, from 1985 to 1993, Mr. Torrence held several executive-level
positions at Bridgestone Corporation including Vice President of Human Resources
and TQC, Vice President of Industrial Relations and TQC, Vice President of
Administration of Bridgestone USA, and Director of Human Resources and TQC of
Bridgestone USA. Mr. Torrence is a graduate of the General Motors Institute with
a BS in Industrial Administration and he also received his JD from the Akron
University School of Law.
On January 23, 2007, the Company issued a press release announcing the
election of Messrs. Blyskal and Torrence as directors of the Company. A copy of
the press release is attached hereto as Exhibit 99.1 and incorporated herein by
reference.
Item 9.01. Financial Statement and Exhibits
The following exhibit is filed with this Form 8-K:
(c) Exhibit No. Description
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99.1 Press Release of Paragon Technologies, Inc.
dated January 23, 2007
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
PARAGON TECHNOLOGIES, INC.
Date: January 23, 2007 By: /s/ Joel L. Hoffner
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Joel L. Hoffner
President and CEO
Index of Exhibits
(c) Exhibit No. Description
99.1* Press Release of Paragon Technologies, Inc. dated
January 23, 2007.
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* Filed herewith